Account Name 2024 2023
Transportation and Delivery Expenses 36,000.00 0.00
Rent Expenses 7,693,735.00 415,496.00
Membership Dues and Contributions to Org. 520,000.00 417,840.00
Subscription Expenses 6,720.00 7,170.00
Donations 294,105,762.63 217,101,899.65
Other Maintenance and Operating Expenses 548,324,232.96 291,418,176.69
Total ₱ 856,719,098.59 ₱ 513,509,284.84
Note 19 – Transfers, Assistance and Subsidy From
Account Name 2024 20223
Subsidy from National Government ₱ 336,545,360.72 ₱ 57,035,560.95
Transfers
Transfers from GF of Unspent DRRMF 0.00 0.00
Total ₱ 336,545,360.72 ₱ 57,035,560.95
Note 20 - Transfers, Assistance and Subsidy To
Account Name 2024 2023
Subsidy to Other Local Government Units ₱ 11,228,119.00 ₱ 6,945,810.00
Subsidies – Others 7,086,857.00 0.00
Transfers of Unspent Current Year DRRM Funds 40,522,479.15 66,559,313.28
to the Trust Funds
Total ₱ 58,837,455.15 ₱ 73,505,123.28
Note 21 - Financial Expenses
Account Name 2024 2023
Interest Expenses ₱ 11,761,768.56 ₱ 8,015,340.67
Bank Charges 295,170.00 225,007.20
Other Financial Charges 7,795,122.00 0.00
Total ₱ 19,852,060.56 ₱ 8,240,347.87
Note 22 - Non-Cash Expenses
Account Name 2024 2023
Depreciation-Infrastructure Assets ₱ 200,075,966.62 ₱ 220,975,638.42
Depreciation-Buildings and Other Structures 39,614,202.84 34,769,137.49
Depreciation-Machinery and Equipment 187,553,313.49 142,245,019.16
Depreciation-Transportation Equipment 49,999,308.50 15,989,391.54
Depreciation-Furniture, Fixtures and Book 2,556,039.83 2,384,238.78
Total ₱ 479,798,831.28 ₱ 416,363,425.39
Note 23 -Reconciliation of Net Cash Flows from Operating Activities to Surplus/(Deficit)
Particulars 2024 2023
Surplus/Deficit ₱ 769,818,219.86 ₱ 775,031,023.47
Income from Trust 388,889,503.75 145,058,230.11
Transfers, Assistance and Subsidy To 0.00 0.00
Proceeds from Sale/ Disposal of PPE (1,445,031.25) 0.00
Non-Cash Transactions
Depreciation 479,798,831.28 416,363,425.39
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